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Tax Calculation in TAXINN procedure

Former Member
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Hi Seniors,

I know TAXINN procedure is condition based. But in FTXP while defining new tax codes, should i give value for the condition types there or need to create condition record in FV11 for all condition types ?? what are the condition types need to maintained for tax coces ? what is the difference between maintaining tax codes in TAXINJ and TAXINN ? Kindly explain me please.

Thanks&Regards,

Jana

1 ACCEPTED SOLUTION

BijayKumarBarik
Active Contributor
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Hi,

If you selected TAXINN procedure , you can maintained tax rate with respective condition types in FTXP during creation of tax code.But you should maintain condition record in FV11 t.code for condition types JMX1 & JMX2 are as 100%. Also you can maintain tax rate for condition types basic excise duty,edu cess , H. Edu cess,VAT/CST in FV11 t.code in stead of maintaining

tax rate in FTXP.

<what are the condition types need to maintained for tax coces>

You can maintain condition types for Basic excise duty,edu cess , H. Edu cess,VAT/CST ( both for settoff & inventoried), Service tax recoverable etc....

<what is the difference between maintaining tax codes in TAXINJ and TAXINN>

Both procedure TAXINJ and TAXINN has thin line difference where as TAXINN procedure is condition based & TAXINJ is fomula based.If you drag down details of TAXINJ is fomula based,where you can find Routine( selection with logic in line of condition type) are play vital role in tax calculation.

Regards,

Biju K

4 REPLIES 4

BijayKumarBarik
Active Contributor
0 Kudos

Hi,

If you selected TAXINN procedure , you can maintained tax rate with respective condition types in FTXP during creation of tax code.But you should maintain condition record in FV11 t.code for condition types JMX1 & JMX2 are as 100%. Also you can maintain tax rate for condition types basic excise duty,edu cess , H. Edu cess,VAT/CST in FV11 t.code in stead of maintaining

tax rate in FTXP.

<what are the condition types need to maintained for tax coces>

You can maintain condition types for Basic excise duty,edu cess , H. Edu cess,VAT/CST ( both for settoff & inventoried), Service tax recoverable etc....

<what is the difference between maintaining tax codes in TAXINJ and TAXINN>

Both procedure TAXINJ and TAXINN has thin line difference where as TAXINN procedure is condition based & TAXINJ is fomula based.If you drag down details of TAXINJ is fomula based,where you can find Routine( selection with logic in line of condition type) are play vital role in tax calculation.

Regards,

Biju K

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This message was moderated.

former_member197616
Active Contributor
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Hi,

TAXINJ is a tax calculation procedure for country version India and it supports formula-based excise determination. You need to configure this tax calculation procedure

Excise Conditions

§ JMOD IN: A/R BED

§ JNED IN: A/R NCCD

§ JAED IN: A/R AED

§ JSED IN: A/R SED

§ JCES IN: A/R Cess

§ JECS A/R Educational CESS

LST/CST/VAT Conditions

§ JIN1 IN: A/R CST

§ JIN2 IN: AR LST

§ JIN4 IN: A/R CST Surcharge

§ JIN5 IN: AR LST Surcharge

§ JIN6 A/R VAT Payable

§ JIN7 A/R CST Payable VAT

○ Service Tax Conditions

§ JSE4 Service Tax

§ JES4 ECS on Service Tax

2. Set up the following Account Key in the IMG under Financial Accounting ® Financial Accounting Global Settings ® Tax on Sales/Purchases ® Basic Settings ® Check and Change Settings for Tax Processing.

○ VS6 Input Tax

3. Define the Tax Procedure according to the settings in the figures below.

You can do this in the IMG under Financial Accounting ® Financial Accounting Global Settings ® Tax on Sales/Purchases ® Basic Settings ® Check Calculation Procedure ® Define Procedures.

4. Assign Tax Procedure to the country.

You can do this in the IMG under Financial Accounting ® Financial Accounting Global Settings ® Tax on Sales/Purchases ® Basic Settings ® Assign Country to Calculation Procedure.

The standard system comes with two tax calculation procedures. TAXINN is only supports condition-based excise determination, whereas TAXINJ supports condition-based excise determination and formula-based excise determination.

Both tax procedures contain condition types that cover all of the excise duties and sales taxes applicable.

Since the exact rates of excise duty can vary on a large number of factors, such as which vendor you purchase a material from, or which chapter ID the vendor stocks the material under, you create condition records for every sort of excise duty.

When you come to enter a purchasing document, the system applies the excise duty at the rates you have entered in the condition records.

Activities

Customizing

Make the settings in Customizing for Logistics u2013 General, by choosing Taxes on Goods Movements ® India ® Basic Settings ® Excise Duties Using Condition Technique and u2026 ® Account Determination.

These activities include one activity where you define a tax code for condition-based excise determination.

Master Data

Create condition records for all excise duties that apply, and enter the tax code for condition-based excise determination in each.

There are good liiks for both the precedures .Due to new rules i am not in a position to give them.

Regards,

Former Member
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This message was moderated.